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Well I would like to point your attention to one little fact. Jeff Bezos is not buying crap on Amazon and he is not demanding lowest prices or free delivery.
by ozim 5y ago
Well I would like to point your attention to one little fact.
Jeff Bezos is not buying crap on Amazon and he is not demanding lowest prices or free delivery.
Amazon needs people to do menial work at starvation wages so that bunch of other people with money to spend on crap from overseas could do it for cheap.
Seems that having cheap crap from Asia is a societal need.
Not defending anyone, just taking a different point of view into consideration.
- bjourne 5y agoBut that is not true. Skimming a few billions of Bezos' fortune would be enough to give all Amazon employee's a hefty raise for years to come.
- boring_twenties 5y agoHow do you figure? According to [1], Amazon had just shy of 1.3 million employees at the end of 2020. If by "a few billions," you meant something like $5 billion, that's only $3,846 per employee. edit: Crap, forgot [1] https://www.macrotrends.net/stocks/charts/AMZN/amazon/number-of-employees https://www.macrotrends.net/stocks/charts/AMZN/amazon/number...
- rjbwork 5y agoSo, roughly a 2 dollar/hour raise? Sounds pretty significant to me.
- boring_twenties 5y agoFor one year.
- ozim 5y agoYes, add to it that when Bezos start selling shares - because he does not have it in cash burried underground or mansions like Escobar - it will turn out it is not billions people think about it will be a lot lot less.